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  #1  
Old 12-05-2008, 02:17 AM
MichaelG MichaelG is offline
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Default Who is getting rich right now?

It seams to me that the people that make millions by investing do so by making the right investments when the economy is in a reccession. Where are these people investing right now?
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  #2  
Old 12-06-2008, 06:21 PM
jamesww jamesww is offline
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They are packing the county court houses purchasing foreclosures and buying up stocks following certain days margin calls.
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Old 12-06-2008, 06:35 PM
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Hey Mike,

I have noticed multiple different buying opportunities amongst a number of different assets. I really like real estate the best if you can find a seller in a distressed situation. My logic behind this is that the only way we are going to get out of this mess is by using inflation to shore up asset values. And all of the federal banks have begun to do so pumping amazing amounts of liquidity into the markets. I believe that if things do not crumble (which I believe they will not) that we will have high inflation. Possibly into the double digits. Real estate and commodities do very well during inflationary times. I like real estate better than commodities because real estate has the ability to cash flow where commodities do not.

I believe that the wise man should be very agressive right now picking up real assets or investing in stock of companies that hold real estate and/or control rights to commodities. The reason why I think one should be agressive is that if the federal banks fail to use inflation to get us out of this trouble then the dollar will be worthless as the U.S. government will have to default on treasuries as tax revenue will not be enough to cover the debt.
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Old 12-12-2008, 01:14 PM
MichaelG MichaelG is offline
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Quote:
They are packing the county court houses purchasing foreclosures and buying up stocks following certain days margin calls.
My definition of rich is the top 10 % of Americans. I don't think they are going to court houses to buy single family homes. Although, that is a good investment if you have capitol and you are not yet rich.

What is the best real estate investments for the next 10 years? Medical Facilities...malls...low income apartments...retirement homes?

What struggling corporation would you buy now? What commodities will be in the highest demand in the future?
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Old 12-12-2008, 03:27 PM
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Quote:
Originally Posted by MichaelG View Post
My definition of rich is the top 10 % of Americans. I don't think they are going to court houses to buy single family homes. Although, that is a good investment if you have capitol and you are not yet rich.

What is the best real estate investments for the next 10 years? Medical Facilities...malls...low income apartments...retirement homes?

What struggling corporation would you buy now? What commodities will be in the highest demand in the future?
Some of the richest people here in Texas are buying lots of 100 or more single family homes from the banks. A bank is a prime example of a distressed seller.

I would say that impatient care medical facilities are the best real estate investment class for the next 20 years. I say this because the upside is very high concidering that the baby boomers are the largest class of Americans and they are needing more and more impatient care. And this trend will only continue. The downside is low because impatient care treatment is something you have to have not something you can ignore or cut out of our budget.

I would select from REITs since they have been overly battered. Focusing on those that do not own hotels and have ver little exposure to mortgage backed securities. Another group that I think would be a good group are financials. I doubt that the U.S. will let anymore big banks fail unless we move towards a depression and I believe that inflation will handle our troubles. I would pick the largest banks that the Federal Reserve and Treasury have had purchase those banks that have failed. As I believe that the U.S. government will assure that they survive.

Of course oil! At least for the next ten years. Natural gas is another great commodity that I believe will become used in more and more places in the country for heating. I say this because heating oil will get to expensive and that will make it profitable to run larger pipelines to the Northeast. Any of the manufacturing metals are a good move. Just remember that this class is a better option over the short term than it is over the long term. As you never know which new deposits will be found that can all of a sudden flood the market.
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  #6  
Old 04-29-2010, 12:04 PM
Norman62 Norman62 is offline
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Default Who is getting rich right now?

Now a days making money is essay for anyone.There are many ways
where you find to invest.But real state investment is essay & safe.
So decision is yours.
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Old 06-25-2010, 01:14 PM
Johan Arthur Johan Arthur is offline
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Real estate investment is risky though.But no risk no gain.But if some one get the idea of this business than he can earn millions quite easily.
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Old 06-29-2010, 12:35 PM
widesheds widesheds is offline
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Hay nice...

Thanks for sharing this great information with us.
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